Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Friday, February 10, 2017

EEI Corporation #EEI (Updated 4/21/2017)

EEI DAILY CHART
NOTES:
  • Opportunity to buy on next pullback
  • Next resistance areas: 8.84/9.23/9.87
EEI Weekly Chart
  • Retracing after breakout.  Must bounce from 8.85 or near breakout point or should sustain moving above the uptrend line.
  • Support levels based on fib 8.85/8.27/7.80
  • Latest news via COL: Results disappoint on sluggish local and foreign operations, downgrade to HOLD

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